UK prime minister Theresa May’s housing adviser has been accused of not going far enough to reform the price at which councils buy agricultural land in order to make housebuilding more affordable.
Oliver Letwin, a former cabinet minister, issued a government-commissioned report alongside last week’s Budget that examined the issue of so-called “buildout rates” in the housebuilding industry.
It recommended tougher requirements for developers on large sites so they have to build a wider mixture of housing types for sale and rent.
